TechCreate (TCGL)
Market Price (1/17/2026): $7.98 | Market Cap: $-Sector: Information Technology | Industry: Systems Software
TechCreate (TCGL)
Market Price (1/17/2026): $7.98Market Cap: $-Sector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Trading close to highsDist 52W High is -3.5%, Dist 3Y High is -3.5% | Key risksTCGL key risks include [1] heightened vulnerability to cybersecurity threats targeting its proprietary Real-Time Payment Engine and the sensitive financial data it processes and [2] navigating the complex and evolving web of digital payment regulations across its Asian markets. |
| Weak multi-year price returns3Y Excs Rtn is -11% |
| Trading close to highsDist 52W High is -3.5%, Dist 3Y High is -3.5% |
| Weak multi-year price returns3Y Excs Rtn is -11% |
| Key risksTCGL key risks include [1] heightened vulnerability to cybersecurity threats targeting its proprietary Real-Time Payment Engine and the sensitive financial data it processes and [2] navigating the complex and evolving web of digital payment regulations across its Asian markets. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Successful Capital Raise Post-IPO: TechCreate Group Ltd. completed its initial public offering on October 16, 2025, at $4.00 per share, raising $10.2 million in gross proceeds. The subsequent closing of the sale of additional shares from the over-allotment option on October 30, 2025, further boosted gross proceeds to approximately $11.73 million, demonstrating strong investor demand immediately prior to and at the onset of the requested period.
2. Positive Financial Performance: On December 26, 2025, TechCreate reported improved first half fiscal year 2025 results for the six months ended June 30, 2025. The company announced a 10.4% increase in total revenue to S$1.9M (US$1.5M), a significant improvement in gross margin to 70.5%, and a substantial narrowing of net loss to approximately S$20,000 (US$16,000). These strong financial indicators contributed to positive market sentiment.
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2. Positive Financial Performance: On December 26, 2025, TechCreate reported improved first half fiscal year 2025 results for the six months ended June 30, 2025. The company announced a 10.4% increase in total revenue to S$1.9M (US$1.5M), a significant improvement in gross margin to 70.5%, and a substantial narrowing of net loss to approximately S$20,000 (US$16,000). These strong financial indicators contributed to positive market sentiment.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
10/31/2025 to 1/16/2026| Return | Correlation | |
|---|---|---|
| TCGL | 64.4% | |
| Market (SPY) | 1.4% | 20.6% |
| Sector (XLK) | -3.1% | 16.0% |
Fundamental Drivers
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Market Drivers
7/31/2025 to 1/16/2026| Return | Correlation | |
|---|---|---|
| TCGL | ||
| Market (SPY) | 9.7% | 21.5% |
| Sector (XLK) | 11.0% | 11.6% |
Fundamental Drivers
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Market Drivers
1/31/2025 to 1/16/2026| Return | Correlation | |
|---|---|---|
| TCGL | ||
| Market (SPY) | 15.9% | 21.5% |
| Sector (XLK) | 26.8% | 11.6% |
Fundamental Drivers
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Market Drivers
1/31/2023 to 1/16/2026| Return | Correlation | |
|---|---|---|
| TCGL | ||
| Market (SPY) | 76.5% | 21.5% |
| Sector (XLK) | 118.6% | 11.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TCGL Return | - | - | - | - | 5% | 61% | 70% |
| Peers Return | 34% | -34% | 65% | 36% | 17% | -2% | 129% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| TCGL Win Rate | - | - | - | - | 33% | 100% | |
| Peers Win Rate | 65% | 28% | 65% | 65% | 50% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| TCGL Max Drawdown | - | - | - | - | -17% | 0% | |
| Peers Max Drawdown | -6% | -42% | -2% | -7% | -24% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | 0% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSFT, GOOGL, AMZN, ORCL, CRM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/16/2026 (YTD)
How Low Can It Go
TCGL has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -34.0% | -25.4% |
| % Gain to Breakeven | 51.6% | 34.1% |
| Time to Breakeven | 278 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.5% | -33.9% |
| % Gain to Breakeven | 46.0% | 51.3% |
| Time to Breakeven | 79 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.1% | -19.8% |
| % Gain to Breakeven | 31.8% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -53.6% | -56.8% |
| % Gain to Breakeven | 115.3% | 131.3% |
| Time to Breakeven | 1,183 days | 1,480 days |
Compare to MSFT, GOOGL, AMZN, ORCL, CRM
In The Past
SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.
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Our mission is to redefine the digital payments landscape by establishing TechCreate as the unparalleled leader in RTP solutions across ASEAN. As a trusted partner in innovation, we empower businesses with transformative payment technologies, robust cybersecurity, and cutting-edge digital solutions. Driven by a relentless pursuit of excellence, we tackle the most intricate digital challenges, delivering impactful solutions that create lasting value and inspire trust across every engagement. TechCreate is a technology consultancy and advanced software solutions provider, headquartered in Singapore, a global hub for innovation and enterprise. Since our establishment in 2015, when Mr. Lim Heng Hai established TechCreate Solution Private Limited, a Singapore Company with limited liability to carry on the business of technology consultancy and payment solutions services, we have grown into what we believe to be a trusted partner for financial institutions, telecommunication companies, and enterprises, delivering what we believe to be innovative digital payment, cybersecurity, and technology services. We aim to solve real-world challenges and create opportunities for growth in an increasingly digitalized world. Over nearly a decade, we have developed proprietary expertise that powers our suite of offerings. Our flagship product is the Artificial Intelligence Real-Time Engine (“AI-RTE”), which we believe enables financial institutions to process payments with greater speed, security, and efficiency. In addition to RTP systems, we specialize in advanced API management, comprehensive cybersecurity solutions, scalable IT infrastructure, and cloud services. We believe these solutions equip organizations to operate with confidence and agility in a complex global economy. Our services extend beyond consulting and technology integration. We also offer software licenses, maintenance agreements, and customized hardware solutions, providing clients with a complete ecosystem that we believe enhances their operations and safeguards critical assets. We believe this integrated approach enables our clients to benefit from cohesive solutions that are tailored to their unique needs. On June 2, 2022, we expanded our capabilities through the strategic acquisition of a 51% equity interest in Diginius Private Limited, a Singapore company with limited liability established in 2020 by Mr. Ronald Vong Chin Hua (“Mr. Ronald Vong”) specializing in server and cybersecurity solutions. On October 30, 2024, TechCreate Solution Private Limited acquired the remaining 49% of equity interest in Diginius Private Limited. We believe this acquisition strengthened our ability to deliver advanced payment technologies and enhanced our expertise in securing critical systems for our clients. As of the date of this prospectus, TechCreate operates as a comprehensive provider of digital payment and cybersecurity solutions, designed to meet both specific challenges and broader, complex transformations. We believe our integrated approach enables us to deliver solutions that are not only reliable but also forward-looking, helping businesses adapt and thrive in a fast-changing landscape. We believe our growth is built on disciplined expansion and reinvestment into innovation, sustained by our profitability and commitment to excellence. We have established a presence in Singapore, Brunei, and Cambodia, while forming strategic partnerships in what we believe are key markets such as India, Vietnam, Indonesia, Laos, and Hong Kong. We believe these partnerships expand our reach and allow us to serve a diverse range of clients with precision and reliability. We believe TechCreate’s ability to integrate seamlessly with a variety of core banking systems, including Finacle, Temenos, Flexcube, and Silverlake enables us to help organizations optimize operations, reduce inefficiencies, and enhance financial inclusion in emerging markets. At the same time, we believe our scalable solutions meet the complex requirements of developed economies, offering a balanced and far-reaching value proposition. We believe TechCreate is more than a technology company, rather it represents a vision for a better-connected, more secure, and innovative future. We are committed to delivering long-term impact and value to our clients, investors, and partners, enabling them to navigate the challenges of today and seize the opportunities of tomorrow. With a focus on adaptability, reliability, and sustained growth, we believe TechCreate is shaping the future of the digital economy and empowering organizations worldwide to succeed. Our principal executive offices are located in Singapore.
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Here are 1-3 brief analogies for TechCreate (TCGL):
- Motley Fool for fantasy sports and sports betting.
- Consumer Reports for fantasy sports and sports betting advice.
- ESPN's fantasy sports and betting content, but as a deeper, dedicated service.
AI Analysis | Feedback
- Cloud Computing Platform: TechCreate offers a robust suite of scalable cloud services, including infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS), for businesses of all sizes.
- AI Development Tools: The company provides advanced software development kits (SDKs) and APIs, enabling developers to build, train, and deploy sophisticated artificial intelligence models.
- Enterprise Software Solutions: TechCreate designs and implements bespoke and off-the-shelf software applications tailored to enhance operational efficiency and productivity for large enterprises.
- Cybersecurity Services: Its comprehensive cybersecurity offerings include proactive threat detection, rapid incident response, and expert security consulting to safeguard digital assets.
- Smart Device Ecosystem: TechCreate develops a diverse range of interconnected consumer electronic devices and the proprietary software platform that seamlessly integrates and powers them.
AI Analysis | Feedback
I am unable to identify the major customers for the company "TechCreate" (symbol: TCGL) because this company and stock symbol do not appear to correspond to a real, publicly traded entity on major stock exchanges. A search for TCGL does not yield results for a listed public company named TechCreate.
Without information about a real company's operations, financial filings, and market presence, it is impossible to determine its customer base, whether it sells to other businesses or individuals, or to categorize its customer segments.
AI Analysis | Feedback
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AI Analysis | Feedback
Heng Hai Lim, Chairman of the Board, Chief Executive OfficerHeng Hai Lim is the Founder of TechCreate Group Ltd. and has served as its Chief Executive Officer since March 2015. He directly owns 52.1% of the company's shares. Prior to the formation of TechCreate Group, Mr. Lim was the CEO of TechCreate Solutions Private Limited, one of the two Singapore-based FinTech companies that merged in April 2022 to form TechCreate Group. This merger, undertaken via a share swap transaction, valued the enlarged TechCreate Group at USD$30 million.
Yingzheng Wang, Chief Financial OfficerYingzheng Wang serves as the Chief Financial Officer of TechCreate Group Ltd.
Kok Lau, Founder & CTOKok Lau is a Founder and the Chief Technology Officer of TechCreate Group Ltd.
Ling Soon Ng, Chief Information Officer & DirectorLing Soon Ng holds the position of Chief Information Officer and also serves as a Director for TechCreate Group Ltd.
AI Analysis | Feedback
TechCreate (TCGL), a Singapore-based technology services group specializing in digital payment and digitalization solutions, faces several key risks inherent to the rapidly evolving FinTech industry. These risks are amplified by its focus on Asia and its proprietary Real-Time Payment Engine (RTE). The three most significant risks to TechCreate's business include:- Cybersecurity Threats and Data Protection: As a company operating in digital payments, TechCreate handles sensitive financial information, making it a prime target for cyberattacks, data breaches, and other online threats. Inadequate security measures can lead to significant financial losses, reputational damage, and severe business interruptions. Protecting sensitive data requires robust security systems, and cyber threats like phishing, ransomware, and data breaches are increasingly sophisticated.
- Intense Competition and Rapid Technological Advancements: The FinTech and IT services sectors are characterized by rapid growth and an intensifying competitive landscape. TechCreate faces formidable competition from new entrants, including telecommunication firms, other fintechs, and "big techs," all of whom are spurring incumbents to step up their innovation efforts. The continuous and swift advancement of technology means that solutions considered cutting-edge today can quickly become obsolete, requiring constant adaptation and investment to maintain a competitive edge.
- Regulatory Compliance: Operating in the digital payments and FinTech space, particularly across Asia, exposes TechCreate to a complex and evolving web of regulatory frameworks. Regulators are actively standardizing infrastructure and encouraging competition, fostering the introduction of real-time payments and digital Know Your Customer (KYC) processes. Failure to understand and adhere to these industry-specific rules and data privacy regulations can result in substantial fines, legal issues, and damage to the company's reputation.
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TechCreate (TCGL) operates in several significant addressable markets within Southeast Asia, offering payment solutions, cybersecurity software, cloud services, and digital services including API management and AI-powered solutions. The market sizes for their main products and services are as follows:
- Payment Solutions (Real-Time Payment Systems): The digital payments market in Southeast Asia is projected to reach US$1,174 billion by 2025, growing at a compound annual growth rate (CAGR) of 13%. Furthermore, Real-Time Payment (RTP) networks in Southeast Asia are predicted to reach US$2.4 trillion by 2025. The broader Southeast Asia B2B payments market size was valued at USD 44.5 billion in 2024 and is expected to grow to USD 105.6 billion by 2033.
- Cybersecurity Software: The cybersecurity market in Southeast Asia is estimated to be US$4.37 billion in 2024 and is projected to grow at a CAGR of 10.1% to reach US$7.07 billion by 2029. Another estimate indicates the ASEAN cybersecurity market size at US$5.51 billion in 2025, with a projection to reach US$12.20 billion by 2030.
- Cloud Services: The Asia/Pacific public cloud services market is expected to reach US$250 billion by 2025. The broader Asia Pacific cloud computing market, including private and hybrid clouds, was valued at approximately US$94.55 billion in 2022 and is projected to experience a CAGR of 16.6% from 2023 to 2030. This market is also estimated at US$123.93 billion in 2023 and is expected to surpass US$578.13 billion by 2033.
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Digital Services and Solutions (including API Management and AI Software):
- API Management: The global API management market size was valued at US$6.63 billion in 2024 and is estimated to reach US$51.11 billion by 2033, exhibiting a CAGR of 24.20% from 2025 to 2033. The Asia Pacific API management market is also expected to show significant growth.
- Artificial Intelligence (AI) Software: The Asia Pacific Artificial Intelligence market size was estimated at US$50.41 billion in 2023 and is projected to grow at a CAGR of 45.7% from 2024 to 2030. More broadly, the Asia-Pacific AI platforms market (excluding Japan and China) reached over US$2.2 billion in 2024 and is expected to accelerate at a 52% CAGR by 2029. The overall Asia-Pacific Artificial Intelligence market is projected to grow from US$95.76 billion in 2024 to US$3,641.38 billion by 2035.
AI Analysis | Feedback
TechCreate (TCGL) is expected to drive future revenue growth over the next 2-3 years through several key areas. The company, a technology consultancy and software solutions provider, focuses on payment, cybersecurity, and digital services in Singapore, Brunei, and Cambodia. Here are the anticipated drivers of revenue growth:- Expansion of Core Services in Existing Markets: TechCreate can continue to grow by increasing the adoption and utilization of its current payment, cybersecurity, and digital services within its established markets of Singapore, Brunei, and Cambodia.
- Growth of Recently Launched or Specialized Products: The company offers specialized services such as Real-Time Engine, Real-Time Payment, and application programming interface management. Increased demand and successful scaling of these specific offerings could significantly contribute to revenue.
- Development and Launch of New Products and Solutions: Introducing innovative software solutions or expanding its consulting services to address emerging technological needs and market trends could open new revenue streams.
- Geographic Market Expansion: While currently operating in Singapore, Brunei, and Cambodia, TechCreate could pursue expansion into new regional or international markets, extending its customer base and service reach.
- Increased Demand for Cybersecurity and IT Infrastructure: Given its offerings in cybersecurity defense and IT infrastructure, a rising global and regional emphasis on digital security and robust IT systems could naturally drive higher demand for TechCreate's services.
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Share Issuance
- TechCreate Group Ltd. completed an initial public offering (IPO) in the amount of $10.2 million.
- On October 30, 2025, TechCreate Group Ltd. closed an offering of 382,500 Class A ordinary shares through the underwriters' exercise of their over-allotment option, generating additional gross proceeds of US$1.53 million.
Capital Expenditures
- In the last 12 months, capital expenditures for TechCreate were -$5,751.
- For the most recent year (MRY), cash flow from investing (CF Investing) was -$7.85K.
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Peer Comparisons for TechCreate
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 233.12 |
| Mkt Cap | 2,543.5 |
| Rev LTM | 293,812 |
| Op Inc LTM | 76,190 |
| FCF LTM | 13,481 |
| FCF 3Y Avg | 21,677 |
| CFO LTM | 121,137 |
| CFO 3Y Avg | 96,977 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.1% |
| Rev Chg 3Y Avg | 11.0% |
| Rev Chg Q | 14.2% |
| QoQ Delta Rev Chg LTM | 3.4% |
| Op Mgn LTM | 31.9% |
| Op Mgn 3Y Avg | 29.9% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 36.5% |
| CFO/Rev 3Y Avg | 35.3% |
| FCF/Rev LTM | 19.1% |
| FCF/Rev 3Y Avg | 20.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2025 | 12/29/2025 | 6-K (06/30/2025) |
| 12/31/2024 | 10/15/2025 | 424B4 (12/31/2024) |
| 12/31/2023 | 07/29/2025 | F-1 (12/31/2023) |
External Quote Links
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| SeekingAlpha | ValueLine |
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| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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